The management of Riyadh Cement Company decided to distribute cash dividends to the company's shareholders for the first half of the fiscal year 2021, amounting to 120 million riyals for 120 million shares.
According to Arabiya Net, Riyadh Cement said in a statement that the share's share of the distribution is riyals with a distribution ratio to the nominal share value of 10%.
The eligibility for profits is for the company's shareholders who own the shares at the end of trading on Thursday, September 16, 2021, and who are registered in the company's shareholders register at the Securities Depository Center at the end of the second trading day following the date entitlement.
Distribution date is October 3, 2021.
The net profit of Riyadh Cement Company during the first half of this year increased by 32.19% to reach about 160.39 million riyals, after zakat and tax, compared to 121.33 million riyals. In the first half of 2020.
